Mike Pearson tells listeners about America’s troubled relationship with China.
The topic is expected to be hot on the campaign trail during this year’s presidential election.
Few sectors of the economy are as connected to China more than agriculture.
Thirty years of population growth and debt-financed urbanization have brought hundreds of millions to the urban market for food.
American farmers have met the demand.
Ag exports to China totaled $2 billion in 2021. In 2022, the value exploded to $36.5 billion with China buying ethanol, cotton and beef.
But the Chinese have been working to reduce…
